Tunisia: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Tunisia

The Tunisian saturated acyclic monocarboxylic acids market expanded modestly to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Saturated Acyclic Monocarboxylic Acids in Tunisia

In value terms, saturated acyclic monocarboxylic acids production rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Tunisia

Saturated acyclic monocarboxylic acids exports from Tunisia soared to X tons in 2022, with an increase of X% compared with the previous year's figure. In general, exports recorded a noticeable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, saturated acyclic monocarboxylic acids exports skyrocketed to $X in 2022. Over the period under review, exports saw a temperate increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Libya (X tons), Algeria (X tons) and Mali (X tons) were the main destinations of saturated acyclic monocarboxylic acids exports from Tunisia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Mali (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for saturated acyclic monocarboxylic acids exported from Tunisia were Libya ($X), Algeria ($X) and Mali ($X), with a combined X% share of total exports.

Among the main countries of destination, Mali, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price continues to indicate modest growth. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Togo ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Tunisia

In 2022, after three years of decline, there was decline in supplies from abroad of saturated acyclic monocarboxylic acids, when their volume decreased by X% to X tons. Over the period under review, imports showed a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids imports stood at $X in 2022. Overall, imports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of saturated acyclic monocarboxylic acids to Tunisia, with a X% share of total imports. Moreover, saturated acyclic monocarboxylic acids imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

In value terms, Germany ($X) constituted the largest supplier of saturated acyclic monocarboxylic acids to Tunisia, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average saturated acyclic monocarboxylic acids import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price enjoyed pronounced growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform